IT Consulting & Software company R Systems International announced Q2CY25 results Revenue Rs 4,620 million (USD 54.0 million); QoQ growth of 4.4% in INR terms and 5.6% in USD terms. Adj. EBITDA Rs 797 million (USD 9.3 million) i.e. 17.3% against 16.5% in Q2CY24 and 17.4% in Q1CY25; YoY Growth of 11.7%. Adj. Net profit after taxes: Rs 464 million (USD 5.4 million); YoY growth of 53.4%. 6 key wins during the quarter. Nitesh Bansal, Managing Director, & CEO, said: “We are pleased to report quarterly revenue of Rs 4,620 million (USD 54.0 million), marking a QoQ growth of 5.6% in USD terms while H1CY25 revenue stood at Rs 9,045 million (USD 105.1 million), up 3.1% YoY in USD. These results reflect our continued focus on delivering digital and product engineering services across global markets. Our focus on Data, AI, cloud, mobility, intelligent automation, along with customer-centric and platform-driven delivery continues to position us as a trusted partner for digital transformation.” “We continue to strengthen our market position through partnerships that accelerate AI adoption and deepen our cloud-native capabilities. Our collaboration with Mavvrik enables proactive cost control in AI and hybrid environments, while our advanced specialisation in Kubernetes and five Microsoft Solutions Partner designations reinforce our leadership in modern cloud architectures.” Nand Sardana, CFO, said: “R Systems has delivered a good financial performance in Q2 and H1CY25, on the back of discipline in execution and large deals helping in maintaining Adjusted EBITDA margins.” “We continued to have a strong balance sheet with a Cash balance of Rs 2,033 million along with equity attributable to shareholders of Rs 6,925 million.” Result PDF
Conference Call with R Systems International Management and Analysts on Q2CY25 Performance and Outlook. Listen to the full earnings transcript.